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QUESTION
Equity Multiplier and Return on Equity Organic Chicken Company has a debt-equity ratio of 0.65. return on assets of 8.5 percent, and total equity is
Equity Multiplier and Return on Equity Organic Chicken Company has a debt-equity ratio of 0.65. return on assets of 8.5 percent, and total equity is $540,000. What is the equity multiplier? Return on Equity? Net income?
